Izmo Ltd surges 20% on silicon photonics breakthrough announcement
Izmo Ltd rallied 20%, hitting the upper circuit, defying a 0.85% Nifty drop, after its division izmomicro achieved a milestone in high-density silicon photonics packaging. Supporting 32-channel fibre I/O with <2 dB loss, the tech boosts AI, cloud, and 5G/6G capabilities. Izmo offers multibagger returns of 155.79% from its 52-week low, trading at a P/E of 17.2x.